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Daily Harvest
Oct. 10th, 2024
4-5 min read
Introduction:
Welcome to this edition of Daily Harvest! Today, we're focusing on the guidance provided by the University of Florida for farmers and ranchers in the wake of Hurricane Milton and other news stories. Here’s what you can expect:
Hurricane Impact: Insights on how to handle agricultural damage assessments following the hurricane.
Market Updates: Current prices and trends for key commodities.
Tech Innovations: Exploring vessel technology for managing storms and ocean dynamics.
Research Findings: Positive news from the weekly Broiler Hatchery Report.
Upcoming Events: Notable industry events to look out for.
News Roundup:
Hurricane Milton has caused significant concern due to its intensity and the potential for widespread agricultural damage. The article emphasizes the seriousness of the situation, noting that farmers must prepare for thorough damage assessments to document their losses effectively. It highlights the importance of understanding the impact on crops and livestock, and it urges producers to meticulously record findings for insurance claims. This proactive approach is crucial for recovery efforts and future resilience in the agricultural secto
Market Update:
Commodity | Price | Percentage Change (%) |
---|---|---|
Live Cattle | $1.88 | + .56% |
Live Hogs | $.84 | + .12% |
Corn* | $4.18 | - .59% |
Soybeans* | $10.14 | - .54% |
Wheat* | $6.03 | + .79% |
Cotton | $.726 | + .55% |
Coffee | $2.55 | + 1.94% |
Corn, Soybeans and Wheat are represented in bushels.*
Prices retrieved from TradingView
Tech Innovations:
This article/patent discusses a patented system for altering water movement to affect environmental conditions. The system uses vessels to move warm surface water to lower depths, which has potential applications in storm management, CO2 absorption, and marine life enhancement.
Purpose: This patent describes a system designed to move warm surface water to deeper layers of the ocean using vessels to create wave-induced downwelling.
Primary Goal: The system aims to alter environmental factors such as water temperature and weather patterns, including hurricane intensity.
Applications: The method can be used for storm management, CO2 absorption in oceans, and promoting biological processes in marine environments.
Functionality: Vessels placed in the water use natural wave energy to circulate water from the surface to lower depths.
Research Findings:
The weekly Broiler Hatchery Report for October 9, 2024, shows encouraging trends in the broiler industry:
Egg Sets: U.S. hatcheries set 238 million broiler-type eggs, marking a 5% increase from last year.
Hatchability: The average hatchability rate was 79.4%, indicating a healthy incubation process.
Chick Placements: 184 million chicks were placed for meat production, a slight 1% increase.
Cumulative Data: Total placements for the year reached 7.57 billion, reflecting steady growth in production.
These figures suggest a robust outlook for the broiler market as the season progresses.
Upcoming Events:
Protein Pact Summit 2024: Oct 9th-11th - Will do a review of the event after it ends.
The Protein PACT Summit 2024 will take place from October 9-11 in Austin, TX. This event gathers leaders from the meat industry to discuss topics related to sustainable protein production and building consumer trust. Participants can expect valuable insights into sustainable practices and strategies for continuous improvement within the industry. It's also a prime opportunity for networking and collaboration on creating a more sustainable food system.
Western Seed Association Convention: Oct. 27th-30th
The Western Seed Association (WSA) supports the seed industry by organizing conventions, offering scholarships, and creating networking opportunities. Their upcoming convention in October 2024 will connect industry professionals and celebrate contributions to the field. WSA provides valuable resources to its members, helping them stay informed and engaged.
KANSAS AGRI BUSINESS EXPO: November 20th-21st
The Kansas Agri-Business Expo is set for November 20th-21st, 2024, in Wichita, Kansas. This event brings together agricultural professionals to network, showcase products, and discuss industry trends. Attendees can expect educational sessions, keynote speakers, and an exhibition featuring the latest agricultural innovations. It's a valuable opportunity for those in the agri-business sector to connect and learn.
Ending
Thank you for reading this edition of Daily Harvest! We’ve explored important insights into hurricane recovery efforts, market trends, and exciting technological advancements in agriculture. It’s essential to stay informed on these important topics. We look forward to bringing you more valuable updates and discussions in our next edition.
See you next time, and happy harvesting!